Tagged With "YoY"

Lexmark’s parent reports earnings Ninestar of China, owner of Lexmark, reporting last quarter’s earnings - Total revenue down 17.1% to 5,013 million yuan ($749 million) - Net profit down 835 to 56.1 million yuan ($8.3 million) - (did not break out revenue and profit for the Lexmark division - Lexmark’s exchange losses on acquisition loans increased by 409.74 million yuan ($60.3 million) - Claims that shipments of remanufactured toner and ink cartridges are up by more than 505 YoY

Earth City, MO, Jan. 31, 2022 (GLOBE NEWSWIRE) -- Interface Security Systems , a leading managed service provider delivering business security, managed network, UCaaS, and business intelligence solutions to distributed enterprises today reported a 37% increase in new sales bookings in 2021, compared to the previous year. The sales growth was primarily driven by a rapidly changing threat landscape for retail and restaurant chains and their need to find technology-based solutions to address...

Challenger, Gray & Christmas Inc. published report claiming that 102,943 lost their jobs in January, 2023 in the technology sector 440% increase YoY 41% of planned workforce reductions are in technology sector More jobs cuts expected in coming months TransUnion published report announcing that credit card annual percentage rates are already near 20%, on average, and set to climb even higher Total US credit card debt is now a record of $930.6 billion, up 18.5% YoY average balance rose to...

PC sales are down double digits Research published by IDC For last quarter, total worldwide shipments down 29% from 80.2 million to 56.9 million YoY HP sales of PCs down 24.2% Apple sales of PCs down 40.5% Lenovo of China sales of PCs down 30.3%

Signs of recession? ABC News reporting on economy Consumer prices up 3% during last month YoY Bread up 11.5% Cookies up 8.8% Beer up 5.4% Frozen vegetables up to 17% Canned fruit up 8% Fresh fruits and vegetables up 1.1% Women’s underwear and swimwear up 7% Men’s underwear up 4% Jewelry up 7% Apparel up 3.1% Pet food up 12% Tools up 9% Outdoor equipment up 9% Bloomberg News reported on growing debt “More than $500 billion storm of corporate-debt distress that is already starting to make...

Marietta Health of Ohio, aka Memorial Health System, announced it will pay $1.75 million to settle a HIPAA lawsuit as a result of a breach that exposed a massive amount of patient’s PHI. The VA Medical Center in Kansas City, Missouri, claims that a disruption in the operation of their network was caused by a cat jumping onto an employee’s keyboard. When the CIO, Kurt DelBene, was asked about the incident, his response was; “This is why I have a dog” Proofpoint Cybersecurity published results...

Overall Market Performance: Demand for IT and business services in the Americas decreased in the fourth quarter. Economic and geopolitical concerns contributed to a 5% YoY decline in the Americas ISG Index™, reaching $11.8 billion in Q4. Managed Services Segment: Managed services ACV in Q4 was $5.2 billion, up 5% YoY but down 13% sequentially. Contract restructurings were a significant driver, with ACV reaching $2.5 billion, the highest quarterly level ever. ITO ACV rose 23%, driven by...

Printing shipments increased Report from U.S. Department of Commerce March, 2024 printing shipments increased from $7.04 billion to $7.24 billion YoY Worst March in last 5 years

Click volumes going down IDC published research on the average monthly print volumes Declining by 3% to 5% annually in last 10 years Accelerated to 25% to 30% between 2019-2022 during pandemic HP’s CEO, Enrique Lores, admitted that HP’s loss is 20% YoY (Healthcare vertical is the exception, as MFP print volumes are increasing)